Details of the share buyback transaction from April 28 to May 2, 2022
May 3, 2022 – Wolters Kluwer announces today that it has bought back 78,507 of its own ordinary shares between April 28, 2022 and May 2, 2022 inclusive, for 7.6 million euros and at an average price of 96.35 euros.
The previously disclosed third party share buyback agreement for €120 million during the period beginning February 25, 2022 and ending May 2, 2022 inclusive, has been fulfilled.
The cumulative amounts bought back to date under this program are as follows:
Share buyback 2022
|Period||Cumulative shares repurchased during the period|| Total Consideration
(in millions of euros)
| Average share price
|2022 to date||2,334,464||216.1||92.55|
Repurchased shares are added and held as treasury shares and will be used for capital reduction purposes or to meet obligations arising from stock incentive plans.
Further information is available on our website:
About Wolters Kluwer
Wolters Kluwer (WKL) is a global leader in professional information, software solutions and services for healthcare; taxation and accounting; governance, risk and compliance; and the legal and regulatory sectors. We help our customers make critical decisions every day by delivering expert solutions that combine deep domain knowledge with specialized technology and services.
Wolters Kluwer achieved annual sales of €4.8 billion in 2021. The group serves customers in over 180 countries, maintains operations in over 40 countries and employs approximately 19,800 people worldwide. The company is headquartered in Alphen aan den Rijn, the Netherlands.
Wolters Kluwer shares are listed on Euronext Amsterdam (WKL) and are part of the AEX and Euronext 100 indices. Wolters Kluwer has a sponsored Level 1 American Depositary Receipt (ADR) program. ADRs are traded on the over-the-counter market in the United States (WTKWY).
For more information, visit www.wolterskluwer.comfollow us on Twitter, Facebook, LinkedInand Youtube.
|Gerbert van Genderen Stort||Meg Geldens|
|Business communication||Investor Relations|
|tel + 31 172 641 230||tel + 31 172 641 407|
|[email protected]||[email protected]|
Forward-Looking Statements and Other Important Legal Information
This report contains forward-looking statements. These statements can be identified by words such as “expects”, “should”, “could”, “must” and similar expressions. Wolters Kluwer cautions that these forward-looking statements are subject to certain risks and uncertainties that could cause actual results and events to differ materially from what is contemplated by the forward-looking statements. Factors that could cause actual results to differ from these forward-looking statements may include, but are not limited to, general economic conditions; the conditions of the markets in which Wolters Kluwer is engaged; behavior of customers, suppliers and competitors; technological development; implementation and operation of new ICT systems or outsourcing; and the legal, tax and regulatory rules affecting Wolters Kluwer’s business, as well as the risks associated with mergers, acquisitions and divestitures. In addition, financial risks such as currency fluctuations, interest rate fluctuations, liquidity and credit risks could affect future results. The foregoing list of factors should not be considered exhaustive. Wolters Kluwer disclaims any intention or obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events or otherwise.
This press release contains information which must be made public under Regulation (EU) 596/2014.
05.03.2022 Share buyback operations April 28 – May 2, 2022